Sandton: Risk and Compliance Manager posted by Ability Executive Recruitment

• Review and update the Regulatory Universe on a continuous basis and inform the affected Executive Heads/Heads about any changes in applicable statutory, regulatory and other standards.
  
• Determining and performing internal Compliance Reviews and coordinating compliance monitoring activities to ensure that the Company is in compliance with applicable statutory, regulatory and other standards.
  
• Respond promptly to detected compliance issues from Compliance Reviews.
  
• Ensure that quarterly reporting of Compliance Review and Monitoring results are documented in the Risk and Compliance Management Status Report and presented to the Risk and Compliance Committee and Audit Committee.
  
• Ensure that Compliance Reporting to the Group Compliance is done on a quarterly basis.
  
• Responsible for the Companys Divisional Risk Registers and ensuring that:
  
• On a continuous basis, any potential and actual major and critical risk issues are identified and reported to the Head: Company Secretarial, Risk and Compliance.
  
• The Risk Registers are assessed together with the respective Executive Heads/Heads on a quarterly basis to ensure that all risks reported on are current and whether the ratings of the risks are still accurate and appropriate.
  
• All deficiencies noted are raised with the Head: Company Secretarial, Risk and Compliance.
  
• Quarterly Reporting of Risk Register Assessment results are documented in the Risk and Compliance Management Status Report and presented to the Risk and Compliance Committee and Audit Committee.
  
• Any Investor-related Risk Management activities and reporting are performed and reported on at the Investor-related Committees.
  
• Responsible for the Companies Annual Combined Assurance Plan and ensuring that:
  
• The Assurance Model is regularly updated with any gaps which are identified and to be reported to the Head: Company Secretarial, Risk and Compliance.
  
• The development of the Annual Combined Assurance Plan includes liaison with the Companys Internal and External Auditors (and any other Assurance Providers).
  
• The Assurance Plan is complete, and its information fairly represents the Companys status.
  
• The Combined Assurance Plan is presented to the Risk and Compliance
  
• Committee and Audit Committee for annual approval.
  
• Perform the annual Internal Financial Controls Testing in line with Group methodology and report results to Group and the Audit Committee.
  
• Develop entity-wide policies and procedures as and when required and perform an annual review of all entity-wide policies for approval
  
• Coordinate and liaise with Internal and External Auditors.
  
• Work closely with Internal Audit and the various Divisions to ensure that any issues identified by Internal Audit are adequately addressed by management.
  
• Ensure that Cash Transaction Reporting is monitored on a daily basis and required cash transactions are reported as and when required in accordance with the FIC Act.
  
• Prepare and submit a monthly report to the Regional Heads detailing all cash transactions that were reported to the FIC.
  
• Provide support to the various Divisions regarding the performance of the Client Due Diligence process.
  
• Perform Client Due Diligence WorldCheck Screening as and when requested by the various Divisions.
  
• Report all bank accounts opened / closed to the Group as and when they occur.
  
• Prepare a quarterly Reconciliation Report of all bank accounts opened and closed during the quarter and report it to the Group.
  
• Ensure that the annual Feedback Reports to SARB are drafted in a timely manner.
  
• Develop the Annual Training Plan in consultation with the Head: IT and Compliance and Head: Human Capital and present it to the Risk and Compliance Committee for approval.
  
• Develop training pertaining to Risk and Compliance related entity-wide policies in line with the Annual Training Plan for review by the Head: Company Secretarial, Risk and Compliance.
  
• Upload and launch approved training on the Company Training Platform.
  
• Monitor compliance with the Annual Training Plan and report progress on a quarterly basis to the Risk and Compliance Committee.
  
• Perform miscellaneous job-related duties as assigned.
  
• Report to the Regulatory Bodies as and when required.
  
• Provide guidance and support to the various divisions on risk and compliance related matters.

Requirements

• B.Com (Hons) Internal Auditing / Risk Management equivalent degree
• At least 5 years’ experience directly related to the duties and responsibilities specified.
  
• Certified Internal Auditor (CIA) would be an advantage.
  
• Understanding and experience of the Property Management business and Property Development business will be an advantage.
  
• Experience in conducting risk assessments, including combined assurance processes and methodologies, as well as risk reporting.
  
• Skill in formulating policy and developing and implementing new strategies and procedures.
  
• Advanced verbal and written communication skills and the ability to present effectively to small and large groups.